HN and HCM City top new report on office yields - News Summed Up

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HN and HCM City top new report on office yields


Việt Nam’s two major cities, Hà Nội and HCM City, topped the table of office yields, according to the latest World Office Yield Spectrum report by Savills and Australia’s Deakin University.— Photo tienphong.vnHÀ NỘI — Việt Nam’s two major c ities, Hà Nội and HCM City, topped the table of office yields, according to the latest World Office Yield Spectrum report by Savills and Australia’s Deakin University. According to data from 54 cities across Asia, Europe, the US, and Australia, Hà Nội scored highest with a prime yield of 8.75 per cent, followed by HCM City at 8.5 per cent. Taipei brought up the rear with the tightest yield of just under 2 per cent while Hong Kong stood at 2.5 per cent. “These results are positive and reflect the demand for commercial property in both the major markets in Việt Nam. He said with some level of economic and political uncertainty remaining in most markets it was fair to say that office risk premiums would continue to offer very good value and hence drive demand and, in some instances, even firmer office investment yields.


Source: Viet Nam News March 25, 2017 01:52 UTC



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